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Bullboard - Stock Discussion Forum First Asset Morningstar Emerging Markets Composite T.EXM.A

TSX:EXM.A - Post Discussion

First Asset Morningstar Emerging Markets Composite > EXM becoming a traders dream....
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Post by QTraderOne on Nov 13, 2006 1:02pm

EXM becoming a traders dream....

33c to 39c then a wall and abck down we go ... then up we go and down we go ... 250k between 39c and 41c... I sold a large position in EXM last week because of this nonsense. I'll be back in when it demonstrates it has REAL legs and not a daily flipper pop. Cheers, QT
Comment by OilSandSam on Nov 13, 2006 1:10pm
Thanks for that announcement. I didn't realize that buying and selling stocks was considered "nonsense".
Comment by shiester on Nov 13, 2006 1:44pm
Good reply Sam. Everyone knows the market goes up and the market goes down. I have never tried to time the event as I don't want to be left behind when the stock takes off. And I do expect every stock I buy to take off. I understand that some are sucessful getting in and out and I have no problem with that. It is just not for me. John
Comment by gilver on Nov 13, 2006 2:36pm
These share price gyrations are the sign of a stock waking up. As long as the overall trend is up, it will follow its course --- UPWARDS. The activity of the company is getting noticed by the marketplace and the market is trying to place a higher value on this stock. Future NR's will be the events that continue to fuel this upward momentum and solidify the price at a higher sustainable ...more  
Comment by opabkmq on Nov 13, 2006 5:29pm
Well said gilver, I agree we are waking up. Cheers, Opa. ps. I know you from the EXN board.
Comment by QTraderOne on Nov 13, 2006 5:50pm
Exm hasn't moved a whole lot since the summer. It's had a few whacks at 40c+- only to claw back to the mid to low 30's. Yes, the trend is up but nominally compared to many others such as CXX, LRG, RSC, AQA, so it's nonsense for me to load up until it can demonstrate the momo. When it does I'll load up and ride the train like everyone else. Been in EXM since 17c, still in just ...more  
Comment by huesos on Nov 13, 2006 6:00pm
So what's it going to be, low thirties again? The sector overall is still fairly punk. Until a real POG breakout, the debate continues apace.
Comment by Revelation18 on Nov 13, 2006 6:44pm
Move to the Maritimes! Relax Buy in Low "BT EARLY" As the Drills Turn Currently up 100% Dec probably 200% Feb 600%!!etc Anyway ..Currently the time series forecast (trend lines ) indicate "an uptrend" ! Enjoy Mining$$$$
Comment by gilver on Nov 13, 2006 8:39pm
Cheers Opa. Gilver
Comment by lootfest1234 on Nov 13, 2006 8:54pm
Looks like a breakout to me. Glad i am on board.But this is all small beer. I want the dollar moves,not the cents. I am here for regional developments to occur and our own drilling to get into some serious finding a la Palmerjero.
Comment by rainbow1010 on Nov 13, 2006 11:04pm
"I want the dollar moves,not the cents" You said it Lootfest, all in due time.
Comment by r2j316 on Nov 14, 2006 2:19am
Qtrader, why in the world would you be complaining if you got in at 17 cents? I guess 100% profit isn't enough? I've been in since 20 cents and don't plan on selling until the multi dollar range The only main difference I see with the current momentum that we have built up is that Exmin is getting their word out there. They seem to be on that Podcast twice a week and Karl ...more  
Comment by daytrader3 on Nov 14, 2006 7:26am
Your right rj,It,s nice to see qt double his money but he should have hang on for the long term.The managment here is great.I tried to get a hold of Karl on Sat but he wasn't in but Diana said give me your # & I will have Karl phone you when he gets a chance.He did call me back on Sun afternoon while driving to Mexico.You don't get to many CEO doing that for there share holders.God ...more  
Comment by Stkdlr on Nov 14, 2006 8:17am
r2j316, I didn't sell off completely and I was in at 17c on ad vice from Lawrence Roulston who is a big proponent of EXM. I hold a base position so that when I add, it will immediately average down into profits and when it goes I will hold a large position again. My premise is that while the shares keep churning back and forth between say 33-41c I can be doing better things with the funds ...more  
Comment by Revelation18 on Nov 14, 2006 12:33pm
How is shaft sinking going over there? Over in East at Tim's yesterday with W having a coffee ...A walked in Mentioned your back in Canada Dec 14th Than off to Las Vegas..(Surprise) Still holding EXM??... Revelation 18 Laidback on the North Shore!!!
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